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Technocrats Plasma Systems Ltd IPO

Listed SME BSE SME Bookbuilding IPO
Min Investment
₹2,64,000
1000 shares · 1 lot

Technocrats Plasma Systems Ltd IPO was priced at ₹125–₹132 per share with an issue size of ₹61 crore. The IPO opened on Aug 14, 2026 and closed on Aug 18, 2026, with a lot size of 1,000 shares and a minimum investment of ₹2,64,000.

Open
14 Aug
Close
18 Aug
Allotment
19 Aug
Refund
20 Aug
Listing
21 Aug

Market Sentiment

Grey Market Premium

Full history →
+₹56.00 +42.4%
Est. listing: ₹188
Updated 20 Aug 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

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IPO Details

Price Band ₹125.00 - ₹132.00 per share
Lot Size1000 shares
Min Investment₹2,64,000
Total Issue Size ₹61.00 crore
Shares Offered46,20,000
Issue Structure Fresh Issue
Issue TypeBookbuilding IPO
Lead Manager(s)Rarever Financial Advisors Pvt.Ltd.
RegistrarMaashitla Securities Pvt.Ltd.
Listing AtBSE SME

Quick Profit Calculator

Issue price ₹132 · lot size 1000 shares · estimated listing price ₹188 (GMP +₹56)

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 1,000 ₹1,32,000 ₹1,88,000 +₹56,000
S-HNI (Min) 2 2,000 ₹2,64,000 ₹3,76,000 +₹1,12,000
S-HNI (UPI limit) 3 3,000 ₹3,96,000 ₹5,64,000 +₹1,68,000
S-HNI (Max) 7 7,000 ₹9,24,000 ₹13,16,000 +₹3,92,000
B-HNI (Min) 8 8,000 ₹10,56,000 ₹15,04,000 +₹4,48,000
Estimated from the grey market premium, an informal and unregulated figure that moves sharply and frequently differs from the eventual listing price. Not a forecast. Assumes full allotment, which is rarely guaranteed when an issue is oversubscribed.

Financial Analysis

EPS
₹6.30
P/E (Post)
16.26 x
RoNW
56.10%
RoCE
48.55%
Net Worth
₹19.29 Cr
MetricLatest Reported
Total Income₹30.69 Cr
Profit After Tax₹3.55 Cr
Net Worth₹19.29 Cr

Promoters & Holding

Promoters: Arun Kumar and Vandana Sharma

Promoter Holding (Pre-Issue)86.96%
Promoter Holding (Post-Issue)64%

Strengths & Risks

Strengths

  • Experience across industries, installed base and diversified customer base
  • Indigenous design and in-house fabrication with cost and schedule control
  • Product and solution range with customisation and lifecycle service
  • Operations, quality assurance and employee training
  • Experienced leadership and technical teams

Risks & Concerns

  • Dependence on a limited number of customers for a significant portion of revenue
  • Competition from other companies in the plasma treatment and coating industry
  • Fluctuations in raw material prices
  • Regulatory changes affecting operations
  • Economic downturns impacting customer spending
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

Technocrats Plasma Systems Ltd. is an engineering-focused company engaged in providing plasma-based surface treatment and coating solutions for industrial applications. The company designs, develops, and installs plasma systems used for surface cleaning, activation, coating, and modification across diverse manufacturing sectors.

HeadquartersGala No. 6, 7, 8, 105, 106, 107, 108, Nirav-2, Gaon Devi Industrial Estate, Sativali, Vasai East, Dist.Palghar, Maharashtra, 401208
IndustryEngineering
Websitehttp://www.technocratplasma.com/

Objects of the Issue

  • Purchase and installation of plant and machinery for manufacturing of plasma cutting machines, welding equipment and customised automation systems at the Existing Premises
  • Funding towards long term working capital requirements
  • General Corporate Purposes

Registrar & Allotment

RegistrarMaashitla Securities Pvt.Ltd.
Phone011-45121795
Email[email protected]

Resources & Documents

Frequently Asked Questions

11 answers about Technocrats Plasma Systems Ltd IPO — dates, pricing, allotment and listing.

Technocrats Plasma Systems Ltd IPO is a bookbuilding ipo of ₹61 crore. The issue was priced at ₹125–₹132 per share, with a lot size of 1,000 shares. Bidding ran from Fri, 14 Aug 2026 to Tue, 18 Aug 2026, with shares listed on BSE SME.

The price band was ₹125–₹132 per share.

One lot was 1,000 shares. Bids had to be placed in multiples of 1,000.

A retail investor needed at least ₹2,64,000 – one lot of 1,000 shares at ₹132, the upper end of the price band.

Technocrats Plasma Systems Ltd IPO opened on Fri, 14 Aug 2026 and closed on Tue, 18 Aug 2026.

Allotment was finalised on Wed, 19 Aug 2026.

Technocrats Plasma Systems Ltd shares were listed on Fri, 21 Aug 2026 on BSE SME.

The company intended to use the net proceeds towards purchase and installation of plant and machinery for manufacturing of plasma cutting machines, welding equipment and customised automation systems at the existing premises, funding towards long term working capital requirements and general corporate purposes.

Rarever Financial Advisors Pvt.Ltd. is the book running lead manager. Maashitla Securities Pvt.Ltd is the registrar to the issue.

Category-wise demand from retail, NII and QIB bidders is on the Technocrats Plasma Systems Ltd IPO subscription page, and on the BSE and NSE websites.

From Wed, 19 Aug 2026, check the Technocrats Plasma Systems Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.